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How to advise on the sale of a collection?
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<blockquote data-quote="Magnetoman" data-source="post: 52682" data-attributes="member: 2806"><p>Well, me, for one. I'd like my family to inherit as much as possible from my many years of work.</p><p>This has nothing to do with speculation, it has to do with arranging things so one's family members receive the maximum benefit rather than auctioneers, people who might try to benefit from a widow's ignorance, etc. And, it's not like the bikes disappear. They are still there for fellow enthusiasts to benefit from. They just would have to buy them at a fair price from the widow.</p><p> Well, money isn't necessarily all that ugly of a word, is it? If my wife gets more money than she otherwise would because I planned things properly, I'd like to think that's a good thing.</p><p> </p><p>I bought a BSA M21 nearly 40 years ago. I didn't do it as a speculative investment, which is a good thing because I doubt if it has appreciated a whole lot since then. However, no doubt there is some super-M21 enthusiast who would love that bike. So, would it be better for me to leave it in my will to such an enthusiast, or for it to be sold for as much as possible and for the proceeds to go to my family? My answer to that is, the latter. But, again, I don't see how this question has anything to do with either enthusiasts or speculators.</p></blockquote><p></p>
[QUOTE="Magnetoman, post: 52682, member: 2806"] Well, me, for one. I'd like my family to inherit as much as possible from my many years of work. This has nothing to do with speculation, it has to do with arranging things so one's family members receive the maximum benefit rather than auctioneers, people who might try to benefit from a widow's ignorance, etc. And, it's not like the bikes disappear. They are still there for fellow enthusiasts to benefit from. They just would have to buy them at a fair price from the widow. Well, money isn't necessarily all that ugly of a word, is it? If my wife gets more money than she otherwise would because I planned things properly, I'd like to think that's a good thing. I bought a BSA M21 nearly 40 years ago. I didn't do it as a speculative investment, which is a good thing because I doubt if it has appreciated a whole lot since then. However, no doubt there is some super-M21 enthusiast who would love that bike. So, would it be better for me to leave it in my will to such an enthusiast, or for it to be sold for as much as possible and for the proceeds to go to my family? My answer to that is, the latter. But, again, I don't see how this question has anything to do with either enthusiasts or speculators. [/QUOTE]
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